Regulatory Alerts2025-07-08
Added · Updated
ESMA Thematic Note on Clear, Fair & Not Misleading Sustainability-Related Claims
The European Securities and Markets Authority published a thematic note outlining four guiding principles for making sustainability claims in non-regulatory communications, aligned with previous publications from the European Insurance and Occupational Pensions Authority and the European Banking Authority. The note provides practical do’s and don’ts with concrete examples of good and poor practices, focusing on sustainability credentials such as labels or awards used in retail-investor focused communications. It does not introduce new regulatory or reporting requirements but aims to support market participants in making clear, fair, and not misleading sustainability claims.